home buying

The affordability of homes in the U.S. has hit its lowest point in 17 years, making it more challenging for average earners to own a home than at any time since 2007. What Happened: Data from Attom reveals that the costs of a typical home, including mortgage payments, property insurance, and taxes...

Online home buying and selling company Opendoor Technologies Inc (NASDAQ: OPEN) reported quarterly results after market close Wednesday. Here are the key highlights. What Happened: Opendoor reported third-quarter revenue of $2.3 billion, up 91% year-over-year. Revenue beat the consensus target...

One of the top investing stories of the week was the announcement from Zillow Group Inc (NASDAQ: Z) that it is exiting the home buying business. While the news is a negative for Zillow, it could benefit two competitors that went public via SPAC merger. What Happened: Zillow announced as part of its...

Cathie Wood’s investment management firm Ark Invest on Wednesday significantly lowered its exposure in Zillow Group Class C (NASDAQ: Z) (NASDAQ: ZG) as the stock sank after the company reported a third-quarter loss and said it would be winding down its home buying business. The...

The world’s largest asset manager was trending on Twitter Inc (NYSE: TWTR) Thursday, but it wasn’t under the stock or finance sections. Buying Up Neighborhoods: On Thursday, publicly-traded BlackRock, Inc. (NYSE: BLK) was trending on Twitter under the politics section. And, there...

A new public entrant in the online buying and selling of homes has emerged with a SPAC deal announced Thursday.  The SPAC Deal: Offerpad, a technology-enabled real estate solutions platform, is going public with Supernova Partners Acquisition Co Inc (NYSE: SPNV). Spencer Rascoff, co-...

Zillow Group (NASDAQ: ZG)'s new business unit that partners with local brokerages and agents to buy and sell homes saw a "strong" November and is tracking inline with management's prior guidance, according to Guggenheim. The Analyst Guggenheim Partners' Jake Fuller maintains a...

With median and average home prices hovering near all-time highs above $300,000, it is more of a challenge than ever to save up enough for a down payment on the American Dream. By that same token, it is more intimidating than ever to plan ahead and save enough to make the 20 percent down payment...